Franklin Street Advisors Inc. NC Buys 305 Shares of DuPont de Nemours, Inc. $DD

Franklin Street Advisors Inc. NC boosted its stake in DuPont de Nemours, Inc. (NYSE:DD) by 5.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,390 shares of the basic materials company’s stock after acquiring an additional 305 shares during the period. Franklin Street Advisors Inc. NC’s holdings in DuPont de Nemours were worth $438,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in DuPont de Nemours by 0.6% during the first quarter. Vanguard Group Inc. now owns 46,894,623 shares of the basic materials company’s stock valued at $3,502,090,000 after buying an additional 298,408 shares during the period. Nuveen LLC purchased a new position in DuPont de Nemours during the first quarter valued at $531,037,000. Price T Rowe Associates Inc. MD lifted its position in DuPont de Nemours by 21.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 4,159,807 shares of the basic materials company’s stock valued at $310,656,000 after buying an additional 746,364 shares during the period. Bank of New York Mellon Corp lifted its position in DuPont de Nemours by 1.1% during the first quarter. Bank of New York Mellon Corp now owns 3,347,098 shares of the basic materials company’s stock valued at $249,961,000 after buying an additional 37,327 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in DuPont de Nemours by 2.7% during the first quarter. Dimensional Fund Advisors LP now owns 3,190,172 shares of the basic materials company’s stock valued at $238,200,000 after buying an additional 83,147 shares during the period. Institutional investors own 73.96% of the company’s stock.

Insider Activity at DuPont de Nemours

In other news, SVP Steven P. Larrabee sold 43,208 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $77.17, for a total transaction of $3,334,361.36. Following the completion of the sale, the senior vice president owned 38,585 shares of the company’s stock, valued at $2,977,604.45. This represents a 52.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders have sold 74,208 shares of company stock worth $5,714,861. 0.61% of the stock is owned by corporate insiders.

Analyst Ratings Changes

DD has been the subject of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating and set a $94.00 price objective on shares of DuPont de Nemours in a research report on Friday, September 19th. BMO Capital Markets lowered their price objective on DuPont de Nemours from $107.00 to $104.00 and set an “outperform” rating for the company in a research report on Friday, September 19th. Wells Fargo & Company raised their price objective on DuPont de Nemours from $81.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, July 14th. Weiss Ratings reiterated a “hold (c-)” rating on shares of DuPont de Nemours in a research note on Saturday, September 27th. Finally, Citigroup upped their price target on shares of DuPont de Nemours from $85.00 to $93.00 in a research note on Friday, September 19th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, DuPont de Nemours has an average rating of “Moderate Buy” and an average target price of $88.33.

DuPont de Nemours Price Performance

Shares of NYSE:DD opened at $79.82 on Friday. DuPont de Nemours, Inc. has a fifty-two week low of $53.77 and a fifty-two week high of $88.21. The business has a 50-day simple moving average of $75.49 and a two-hundred day simple moving average of $71.01. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 1.41. The firm has a market cap of $33.42 billion, a price-to-earnings ratio of -169.84, a price-to-earnings-growth ratio of 2.34 and a beta of 1.08.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, August 5th. The basic materials company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.06. DuPont de Nemours had a positive return on equity of 7.85% and a negative net margin of 1.54%.The business had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.23 billion. During the same quarter in the previous year, the firm earned $0.97 EPS. DuPont de Nemours’s revenue was up 2.7% on a year-over-year basis. DuPont de Nemours has set its FY 2025 guidance at 4.400-4.400 EPS. Q3 2025 guidance at 1.150-1.150 EPS. On average, analysts expect that DuPont de Nemours, Inc. will post 4.38 earnings per share for the current year.

DuPont de Nemours Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.